Features
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Gen Z Surpasses Baby Boomers in Small Business Workforce Participation
May 23, 2023
According to a new report from Paychex, Inc., Generation Z (born 1997-2012) participation in the small business workforce has surpassed Baby Boomers (born 1946-1964) and is the only segment in the labor market showing growth.
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Survey: US Job Satisfaction Hits All-Time High
May 12, 2023
American workers are more content than ever, according to The Conference Board Job Satisfaction 2023. The report finds improved satisfaction across nearly all 26 components—with gains in non-compensation factors like work-life balance outpacing even those from improved pay and benefits.
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CEO Confidence Ticked Down Slightly in Q2
May 05, 2023
The Conference Board Measure of CEO Confidence in collaboration with The Business Council declined slightly to 42 in Q2 2023, down from 43 in the first quarter of the year. The Measure is still below a reading of 50, which suggests CEOs remain largely pessimistic about what's ahead in the economy.
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CEO Confidence Picked Up in Q1, but CEOs Remain Pessimistic Entering 2023
February 10, 2023
The Conference Board Measure of CEO Confidence in collaboration with The Business Council stands at 43 to start 2023, up from 32 in the final quarter of 2022. The Measure's improvement early in Q1 2023 represents an uptick from the extreme weakness seen last year, which brought it to lows comparable to the depths of the COVID-19 recession in 2020.
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Georgia Chamber and Fiserv Award Recipients of Small Diverse Business Program
February 03, 2022
The Georgia Chamber has announced the recipients for this year's Small Diverse Business program memberships. Eight diverse businesses will have the opportunity to take full advantage of a one-year membership to the Georgia Chamber of Commerce.
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U.S. Small Businesses Continue to See Strong Job Gains and Worker Pay Increases in January
February 02, 2022
National small business job growth continued to increase in January as did earnings for workers, according to the Paychex | IHS Markit Small Business Employment Watch.
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Georgia Lottery Raises $376.5M for HOPE, Pre-K in Second Quarter of FY22
January 31, 2022
The Georgia Lottery Corp. announced it generated $376,513,000 in profits for the second quarter of fiscal year 2022, bringing the total transferred to the State Treasury’s Lottery for Education Account since inception to more than $24.6 billion.
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CEOs Eye 2022 With Optimism and a Dash of Uncertainty
January 25, 2022
175 CEOs across 15 industries shared their perspectives, expectations, thoughts, and priorities for the next 12 months.
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Georgia Resources Fire Up Shooting Sports Industry
January 21, 2022
In a state that treasures individual freedoms, the right to bear arms is highly honored by an ever-increasing number of Georgia citizens. This avid consumer base, coupled with a pro-business environment and gun-friendly legislation, has attracted many advanced manufacturers in the defense, law enforcement, firearms, and shooting sports industries.
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CEO Optimism Hits 10-Year High: Three-Quarters Expect a Stronger Global Economy in 2022
January 19, 2022
CEOs continued to face pressure generated by the ongoing COVID pandemic and market conditions such as rising inflation, supply chain disruptions and the 'Great Resignation' in parts of the world. Despite the array of shifting headwinds, the CEOs that we surveyed are the most optimistic they have been in 10 years about the prospects for a stronger economy in the coming year.
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Hourly Earnings Growth Ends the Year at a New High; Job Growth Also Continues at U.S. Small Businesses
January 05, 2022
Workers saw record hourly earnings growth and employment levels continued to rise as 2021 drew to a close.
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CEO Confidence Slipped Further in Q4, but CEOs Remain Optimistic Entering 2022
December 13, 2021
The Conference Board Measure of CEO Confidence in collaboration with The Business Council retreated in the final quarter of 2021. The measure now stands at 65, down moderately from 67 in Q3 2021—and substantially from Q2's all-time high of 82.
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Employees are Increasingly Driving Companies' Disaster Philanthropy Efforts
December 09, 2021
As the frequency, intensity, and economic fallout from natural disasters continues to rise, employees are fast-emerging as an influential force driving their companies' disaster philanthropy efforts.
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Employees of Small Businesses See Record High Hourly Earnings Growth in November; Job Growth Also Continues to Increase
December 08, 2021
Wage growth reached a new high for the employees of small businesses in the U.S. in November, according to aggregated payroll data of approximately 350,000 Paychex clients with fewer than 50 employees.
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Small Teams Driving Integration of Sustainability into Business
November 10, 2021
As leaders at COP26 tackle climate change, a new report sheds light on how companies can organize themselves to integrate sustainability into their businesses. Produced by The Conference Board, the report covers issues including where sustainability sits within companies, the size of sustainability departments, and key priorities of sustainability teams.
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US Lifts Historic International Travel Ban, Welcoming Back Fully Vaccinated Travelers from 33 Countries
November 09, 2021
After nearly two years, today, the US has reopened its borders to fully vaccinated international travelers arriving via air from the 26 Schengen countries in Europe, the United Kingdom, Ireland, China, India, South Africa, Iran and Brazil.
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Small Businesses Hit By Supply Chain Woes Spending More To Overcome Issues
October 12, 2021
In the midst of having to navigate waves of COVID-19 and lockdowns, 87% of small to medium-sized businesses (SMBs) have maintained, or spent more, on transportation, logistics, and expediting to overcome shortages -- this according to the "Logistics: Heads Up" study from Cargo.
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Businesses are Emerging from Pandemic Better Equipped to Handle Advanced Customer Expectations
October 06, 2021
The pandemic forced brands to accelerate their digital transformation, leading to vast improvements in brand experiences that are streamlined and connected across in-person and digital touchpoints.
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Small Business Optimism Hits Record High, Gaining Momentum From Vaccines & Adapted Pandemic Operations, Survey Shows
September 29, 2021
Business owners are feeling optimistic about the near-term future of their businesses amid increasing vaccination rates, and those who report that more than three-quarters of their workforce has been vaccinated are the most positive about their business outlook.
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Small Business Job Growth Continues to Accelerate in August
September 01, 2021
National job growth continued to rise significantly in August, according to aggregated payroll data of approximately 350,000 clients provided by Paychex. The data released in the latest report of the Paychex | IHS Markit Small Business Employment Watch shows the Small Business Jobs Index gained 0.45 percent in August.
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Small & Midsize Business CEOs' Confidence Continues to Rise Despite Labor Challenges
August 03, 2021
Confidence among CEOs in the second quarter of 2021 has risen to its highest level in three years, according to the Vistage CEO Confidence Index, which measures sentiment on various economic and business topics among small and mid-sized business leaders.
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Nearly Half of Employers Plan to Increase Corporate Gifting Frequency Post Pandemic
July 26, 2021
Corporate gifting is on the rise as nearly fifty percent of businesses say they intend to increase the frequency of their gift giving post COVID-19, according to a new corporate gifting survey from Coresight Research commissioned by GiftNow, a Synchrony solution.
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Small Business Employment Gains Continue, Especially in Leisure and Hospitality
July 12, 2021
Despite the competitive hiring environment, small business employment growth grew 0.26 percent in June, according to aggregated payroll data of approximately 350,000 clients provided by Paychex.
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What Impact Will the Pandemic Have On Corporate Real Estate Portfolios And The Work Week?
June 30, 2021
In two years, more than half (53 percent) of the corporations surveyed by CoreNet Global say that their overall corporate real estate portfolio will be smaller than it is today. For 15 percent of those surveyed, that reduction will be by more than 30 percent.
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Business Ownership Key for Economic Recovery in U.S. Cities, New Report Shows
May 24, 2021
The National League of Cities (NLC) and the Democracy at Work Institute (DAWI) released today new guidance for U.S. cities to pursue equitable post-COVID economic recovery through the use of employee ownership.